US government decides to foster 5G and IoT technologies over defense lobby’s objections. On April 16, Ajit Pai, the chairman of the Federal Communications Commission, or FCC, issued a draft order approving the usage of L-Band radio frequencies for 5G and IoT. Controversy Previously, three leaders of Congressional defense committees signed a letter urging president […]
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Speaking at BlockDown 2020, Binance’s CEO predicted that the effects of quantitative easing will trickle into crypto over the coming months. Speaking at the BlockDown 2020 conference, the chief executive and founder of leading cryptocurrency exchange Binance, Changpeng Zhao (CZ), shared his outlook for crypto assets amid the current global climate of economic uncertainty. BlockDown […]
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U.S. fintech lenders are helping small businesses affected by the COVID-19 crisis, but crypto players are unable to join. American financial technology firms are now able to help Main Street businesses affected by the COVID-19 crisis via a federal relief plan, but cryptocurrency-native companies apparently don’t fit the bill. Last week, the United States Small […]
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New DeFi consortium backed by veteran crypto investor, Polychain Capital, hits 51 members to bolster cross-chain DeFi solutions. After decentralized finance, or DeFi, markets collapsed in late March 2020, a number of industry players joined forces to support emerging fintech. Today, the Ren Alliance, a new DeFi consortium backed by veteran crypto investor, Polychain Capital, […]
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The next step for crypto’s mass adoption might lie in an alliance between decentralized crypto assets and centralized custodians. Mass adoption. It’s a mantra touted often in this space and what every crypto company is working toward. While tremendous progress has been made in the past 10 years on driving crypto awareness and improving user […]
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The latest quarterly report from the company also reveals that it now has 1.2% of all the cryptocurrency available in its ten funds. Almost 2% of the world’s Bitcoin (BTC) supply is now under the control of a single company: Grayscale and its Bitcoin Trust (GBTC). In its latest quarterly report on April 16, Grayscale […]
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An options contract tracking Bitcoin’s daily volatility saw a 25% 30-day trading volume increase on crypto derivatives exchange. Move, an options contract which tracks Bitcoin’s (BTC) daily volatility, recently saw a 25% 30-day trading volume increase on the crypto derivatives platform, Delta Exchange. According to an announcement which Delta Exchange sent to Cointelegraph on April […]
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The Russian Embassy requested that French authorities extradite the alleged $4 billion launderer Alexander Vinnik to home arrest in Russia. Russian authorities are not stopping their efforts to help Alexander Vinnik — an alleged fraudster who is accused of laundering as much as $4 billion in Bitcoin (BTC) — to return to his homeland. In […]
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The pattern of liquidations on BitMEX and historical funding rates point toward a serious short squeeze in the medium-term. Despite the gloomy short-term price trend of Bitcoin (BTC), the pattern of liquidations on BitMEX and historical funding rates point toward a possible serious short squeeze in the medium-term. “High chance BTC bears get margin called […]
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An enterprise-focused blockchain association has partnered with the European Commission and UCL to develop a list of DLT solutions useful in fighting COVID-19. A blockchain association has partnered with the European Commission and University College London (UCL) to coordinate blockchain solution providers in addressing the coronavirus pandemic. The organization, called the International Association for Trusted […]
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